Latest real estate news, views & reports

Recent publicity highlights the region’s volume of sales, positive trend in prices, and increased outside buyer enquiry, particularly from Auckland. This has combined with lower number of homes currently on the market for sale.

Additional factors are the continuing low interest mortgage rates, and the more favourable conditions for first home buyers through KiwiSaver and HomeStart initiatives.

Our Rothbury Mortgage advisors are now dealing with an increased level of enquiry from first home buyers with many now coming back into the buyer market.

These factors make for an excellent selling market and this is being picked up on by some who have been “thinking of selling” and moved to successfully listing, marketing and selling their properties. In Tauranga for example in April 2015 the number of properties sold increased by 26% compared to April 2014, with average days on market down from 48 days April last year to 34 in April 2015.

In summary this represents the best combination of factors for those planning to sell.

At EVES our hard working teams and great marketing programs are rolling with those vendors, and we have serious buyers looking to complete the loop.

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